Bitcoin Profit Review: Scam or Not? The Ultimate Test

Bitcoin Profit is an automatic trading software that claims to make people money by buying and selling cryptocurrency at the right time, offering a win-rate of up to 92%.

The Bitcoin Profit app, also known as a bitcoin robot, uses a complex algorithm to detect market trends. These ‘signals’ are used by the most experienced traders to open and close buying and selling orders automatically. The Bitcoin Profit software completes this whole process on auto-pilot, making it beginner friendly.

You’ve probably heard about the Bitcoin Profit after seeing a Facebook ad claiming it’s made people rich. You may have also heard that the app was featured on some program such as This Morning and Shark Tank, and trusted by famous business men such as Peter Jones and Richard Branson.

In our Bitcoin Profit review, we found it to be very effective with the right trading settings, as we turned our initial deposit of $250 into $441 in a few hours. Not the millions that some ads claim, but a decent profit. Read on to see how…

Is Bitcoin Profit Scam or Not?

It’s no secret that everyone is looking for the perfect way to make money online. With the word spreading around trading robots, this is no exception. There are higher risks, yes, but higher rewards as well. BTC Profit is one of the robots with the highest conversion rate in the wide selection of automatic trading tools, just like CryptoSoft and The Bitcoin Code software. If you’ve been scouring the web for reviews about this robot you will find that the search “Bitcoin Profit Scam” is very popular. However, we’ve reviewed the software in detail and found that this is a legit robot. If you’re still not convinced, keep reading through to reveal all the qualities that make this software one of the most powerful trading tools in the crypto scene.

Is Bitcoin Profit Legit or Not: The Verdict!

1). Inside Bitcoins has tested the Bitcoin Profit software. The platform is very intuitive and easy to use. The robot has a high conversion rate.

2). Because of high risks and volatility when trading with Bitcoin and cryptocurrencies, we recommend beginning with a conservative investment of $250.

3). Upon testing with our initial investment, we were not surprised to see that Bitcoin Profit does as advertised... 92% success rate!

What is Bitcoin Profit?

Bitcoin Profit is an automatic trading software created by John Mayers that operates 0.01 seconds faster than the market average for trading signals and helps many of its users in making daily profit by trading Bitcoin and other cryptocurrencies.

Bitcoin Profit works by sending signals on the daily trends, and automatically opening and closing buying orders. Reliable auto trading platforms like Bitcoin Profit and Bitcoin Trader work this way. They are designed for inexperienced users, allowing them to lay back while the system does all the hard work. These are not the only platforms we consider to be reliable. You can check out our bitcoin robot page to find out more about these robots.

There are many trading robots advertised on the internet that promise to make daily profit. When the term Bitcoin surfaced, people started to be aware of the real value that investing in assets like Bitcoin has. There were several self-made millionaires from day to night, who invested a whole lot of money in trading Bitcoin. At the end of 2017, Bitcoin was the word that had the highest search volume in Google.

Who founded Bitcoin Profit?

According to the Bitcoin Profit's website, John Mayers, the creator of Bitcoin Profit has his algorithm operate 0.01 seconds faster than the market average for trading signals.

How Does Bitcoin Profit Work?

The way that the software behind BTC Profit works is very straight-forward. The application provides its users the trading signals for free, and performs the purchase and selling of Bitcoin (also known as buying and selling orders) happen automatically with their selected broker inside the platform. That's right, the algorithm provided by John Mayers is completely free as advertised on the video in Bitcoin Profit's homepage.

If you're wondering why the developers behind Bitcoin Profit are providing this tool for free, the reason is fairly simple. The way they make money is taking a small percentage, as tiny as 1% of all their users' profit. This means that the CEO of BTC Profit firmly believes that his platform is the next big thing.

How to Place a Trade on Bitcoin Profit

Just like other similar Bitcoin robots, with BTC Profit it’s fairly simple to place a trade.

Follow these steps below to sign up, and learn how to get started with Bitcoin Profit:

1. Registration

Firstly, click here to open your account with Bitcoin Profit. you need to fill out their registration form with basic information including first and last names, e-mail address, and phone number. For your password, remember to put a word or code that is only known by you, that is easy to remember but at the same time difficult to be discovered. Once you’ve created the account, you will be assigned a broker automatically. This broker is the one your Bitcoin Profit software will be performing the trades with. In order to begin trading, you need to add funds to your broker account.

2. Deposit

Once you’ve selected the option to deposit, you will be taken to the your selected broker’s website. It’s just an interstitial pop-up that’s open inside the Bitcoin Profit’s platform, which means you won’t have to browse all the way back to find your way inside their platform.

The minimum deposit is of $250 USD. The payment methods accepted are many, including Skrill, MerchantPay, GiroPay, SafePay, Visa and Master Credit and Debit cards. It’s true that the more money you invest, the higher your payouts and profit will be. To begin, we recommend making a moderate investment of $250 until you familiarise yourself with the platform.

3. Demonstration account

You can try the demo account either before or after the initial deposit. Once you’ve selected the the test mode, you will be taken to an initial tour, so you can learn more about every functionality of the platform so you can trade bitcoin even if you’re a beginner.

On your test account, you receive a total balance of $1,500 to start the auto trade mode. It’s very simple, and you don’t need to fiddle with any of settings. Simply click on auto-trade ‘ON’, and the software will begin trading the pairs automatically.

4. Live account

Once you’ve familiarised yourself with the Bitcoin Profit platform, and you’re ready to start making daily profit on the live mode, all you have to do is click on the switch that reads Push ‘Auto Trade’ to start on the dashboard screen.

On the dashboard is where you can check your Trade history, deposit additional funds, open trades, withdraw your profits, and change the settings. Bitcoin Profit trades with many pairs, including BTC/USD, ETH/USD, XRP/USD, LTC/USD and Crypto/Crypto as well. The cryptocurrencies available in the platform are Bitcoin, Ethereum, Ripple and Litecoin.

To begin your auto-trade, simply choose the amount you want to spend in every trade, the number of trades, and any limits you may want to set like Stop Loss or Take profit. After you’ve chosen the settings and configured the software, you will be ready to activate Bitcoin Profit and start earning daily profit.

Do I need a Bitcoin wallet in order to trade with Bitcoin Profit?

Bitcoin wallets are not needed to trade with the software. The reason for that is because the software does not buy actual Bitcoins – it trades cryptocurrency and profits on the winning trades. This makes it a very convenient tool as the set up is very minimal, and you also avoid the risk of having your funds hacked.

Bitcoin Profit: Key Features

Payouts

The robot claims that on average, users earn at least $1,300 on a daily basis. Even though may not be earning such high amounts at first, you will certainly make profits,part of which you can reinvest to increase your balance.

Verification System

To sign up you will need some personal information, including your email address and phone number. Once you have created an account all you will need to do is deposit funds into your account. To do that you simply have to provide your payment details, but no ID or utility bills. It really is as simple as that.

Withdrawal and Deposits

You can make a withdrawal at any time of the day and you can be sure that it will be processed within 24 hours. In the remote case that does not happen, do not worry, because it could take up to three days. There are robots on the market that take 10 days to process a single withdrawal.

Cost/Fees

The only fee you should be aware of is that Bitcoin Profit plans to keep only 1% of your profits. That is how the platform makes profit. That is a very small amount considering that other robots have ridiculously high commissions and fees to make profit.

User Testimonials

The testimonials and stories shared on their website show that Bitcoin Profit does more than just guarantee daily profit, but it changes lives. If you’re new and do not know how to trade Bitcoin, Bitcoin Profit can definitely help you. Because the software handles all the trades for their users you don’t need much experience to trade with it. However, note that due to a lot the volatility with the cryptocurrency market, the team behind Bitcoin Profit recommend their users to invest 20 minutes of work per day, and let the software run automatically asides from that. The amount of work required of every user is minimal.

Customer Service

You can contact customer support at any time of the day or the night. There is staff available 24/7 and you may contact them via email. We contacted them to conduct our test and they were very professional and friendly and responded within an hour. Hopefully though, you will not be needing any support.

Brokers

Like all crypto trading robots, Bitcoin profit, your money is used to trade with online brokers. So basically your investments on assets are placed through brokers. These are regulated, secure and profitable so you should not be worrying about this aspect.

Bitcoin Profit Versus other Robots

Bitcoin Trader

Other bitcoin robots

✅Registering on Bitcoin Trader takes under one minute. You are only asked to type a few personal details.

❌ For some robots you are forced to go through lengthy questionnaires to be able to register on them.

✅Making deposits on Bitcoin Trader is very easy. You are offered a good variety of payment methods, you choose one, insert your payment details and it is done.

❌ Before you can make a deposit, some robots require bank statements and ask questions about your finances, which is a very time-consuming process to go through.

✅Bitcoin Trader allows you to adjust the trading settings to your preferences.

❌ Some robots do not offer this possibility and the trading is completely automatic. You have no chance to change any setting.

✅Bitcoin Trader has many positive user reviews online, which demonstrates the accuracy of the software.

❌Many robots have very harsh user reviews which sometimes make us question their reliability.

✅Withdrawals are usually processed in less than 24 hours.

❌ Other robots can even take 10 days to process a single withdrawal.

Can You Make Money With Bitcoin Profit?

Yes! Just like the other users that have left their testimonials in their website, we were also successful in making profit when we tested the platform. Although we didn’t commit as much as the serious investors, we did make profitable trades and were able to withdraw our profits within 72 hours. Bitcoin and other crypto assets are highly lucrative, but also have a very high risk due to their volatility. Using a tool like Bitcoin Profit or Bitcoin Revolution is essential for the new traders and the most experienced ones as well. Inside Bitcoins will share with you below some tips on how to make the most of your Bitcoin Profit subscription:

Start Small. You should start with a small investment to get yourself familiarised with the software. We recommend starting with the minimum deposit required of $250. Once you start making profitable trades, then you can choose to invest a little more to make higher payouts.

Withdraw Your Profits. Don’t forget to withdraw your hard earned profits when you invest with Bitcoin Profit. Remember though to always reinvest some of the haul earned, to continue earning more and more.

Follow the Expert’s Advice. You should definitely mix up a little bit with other settings and strategies from users who have tried the software themselves. Usually reading about Bitcoin Profit on other blogs, and watching videos on Youtube guarantees that you will be able to use the best settings to make the most of your account.

Only Invest What You Can Afford to Lose. That’s right, you should only invest additional money that you are willing to risk. Investing in cryptocurrencies has a high risk due to volatility. You will find lurking on the web reviews of users who have invested a lot of money into Bitcoin Profit, but didn’t get the results expected. That’s completely normal to happen in such a volatile investment like buying cryptocurrencies. Remember, high risks provide high rewards.

Why Trade with Bitcoin Profit?

There are many trading bots available in the market, and some claim to have extraordinary conversion and performance rate. The problem is that you will always find a feature that doesn’t make other robots as good as Bitcoin Profit. In comparison to other Bitcoin Robots, here’s what Bitcoin Profit brings to the table:

Bitcoin Profit has an intuitive and user friendly platform. Needless to say that this is one of the features that makes Bitcoin Profit stand out from the crowd. The software works with a very complex algorithm, but the user experience is simply one of the best ones out of every platform tested by Inside Bitcoins. It’s very easy to set up the software, and have it up and running in no time.

Bitcoin Profit has a high success rate on its trades. Another major difference between Bitcoin Profit and other platforms is the amount of trades that are placed. Basically, the reason why the software has a high success rate of 90% or more, and provides users with daily profits is due to the concurrent trades being placed with shorter investments. Out of a $250 deposit, you can place many concurrent trades of as little as $25 USD each.

Demo account and tutorials. Inside the platform, you can create a demo account to get yourself familiarised with the platform and its functionalities. If you access your mirror account, an account that is created with the broker at the same time you register on Bitcoin Profit, you can access many tutorials and tips on trading and educate yourself in their educational section.

Responsive and dedicated customer support. Another strong point for Bitcoin Profit is their customer support. You can engage one of their customer experience representatives any time from your dashboard screen, or on the homepage. The fastest way to do so is via live chat.

Has Bitcoin Profit Been on TV?

Bitcoin Profit has not been advertised on TV. The reason for that, is because they have recently completed their open beta platform, and their exclusive selection process for accepting new users is on a first come, first served basis.

Dragon's DenShark Tank

Although Bitcoin Profit seems to be one of the best automatic trading platforms out there, it has never appeared in Dragon’s Den. There are, however, a lot of images and fake news spread around the internet that indicate otherwise.

The same goes for Shark Tank. Despite the rumours spread by fake news and online images, Bitcoin Profit has never appeared on the popular TV shows. These websites are usually just trying to deviate the serious investors on their path of choosing a legit platform like Bitcoin Profit.

Is Bitcoin Profit endorsed by celebrities?

There seems to be a lot of rumour involving crypto trading robots and celebrities, with robots such as Bitcoin Loophole using celebs as a marketing strategy. These rumours are usually spread around the internet to spread around the scam platforms. But have any celebrities been affiliated with Bitcoin Profit? Read on to find out.

Bill GatesRichard BransonChamath PalihapitiyaGordon Ramsay

According to Bill Gates, founder of the Tech giant Microsoft, ‘Bitcoin is better than Currency’. Bill Gates clearly understands the true value of Bitcoin, but there doesn’t seem to be anything linking him to the trading software Bitcoin Profit.

It’s no secret that Sir Richard Branson is a massive fan of Bitcoin. He’s openly said in many interviews of how fantastic cryptocurrencies are, and how he personally knows many people that made huge fortunes out of Bitcoin. As much as Branson supports Bitcoin, there doesn’t seem to be any connections between him and the trading robot Bitcoin Profit.

If you don’t know who Chamath Palihapitiya is, I’ll tell you right now. He’s the EX-Head of the giant Instant Messaging platform and internet provider AOL. He’s an assiduous investor of Bitcoin. According to him, he owns Bitcoin in his hedge fund, in his private wallet, and in his private investments. He also definitely recommends more people to get involved with Bitcoin and other cryptocurrencies.

There doesn’t seem to be any connections with Chamath and Bitcoin Profit, but you can tell from his interviews he definitely recommends investing and trading with Bitcoin.

There are claims that Gordon Ramsay the British Billionaire has Endorsed Bitcoin Profit. InsideBitcoins investigation reveals that these are lies. We contacted Bitcoin Profit in this regard, and they denied any Gordon Ramsey Bitcoin Profit endorsement. We have determined that these claims are from unscrupulous affiliates. Bitcoin Promised has promised to take action against any affiliate tarnishing its name through misleading marketing.

InsideBitcoins recommends that you always carry out enough diligence before settling on any tech product. The use of deceptive marketing techniques is common with most affiliates even for genuine products such as Bitcoin Profit. Never buy a product based on celebrity endorsement. InsideBitcoins makes the research easier for you through comprehensive reviews like this one. We can confirm that Bitcoin Profit is legit and worth a try.

Does Bitcoin Profit have a mobile app?

There currently is not a Bitcoin Profit mobile app available but you can access the software from any mobile device with an Internet connection and benefit from the same functions you would if connected from a laptop.

Bitcoin Profit Review: The Verdict!

What do all of these successful businessmen have in common? They were all pioneers in their targeted niche and specific product. Although many people have already gotten started with Bitcoin, it’s such a complex asset to invest in that not everyone understands the true value of it yet. That’s why the smart and successful people cracked the best way to get started with Bitcoin and are already making a huge amount of profit on a daily basis.

The bad reputation on automatic trading platforms, or robot bitcoins comes from the fact that some users who have never traded in their lives, create an account expecting to have a 100% foolproof system, when in reality there’s a lot of volatility when dealing with Stocks, Forex, Bitcoin and Cryptocurrencies. Bitcoin Profit is one of the best automatic trading robots in the market, and their new investors should always start with a moderate investment, to test the software out. We, from Inside Bitcoins, recommend an initial investment of $250 to begin.

If you still have any doubts whether or not you should get started with Bitcoin, and start trading with an automatic trading tool like Bitcoin Profit right now, take a look at the video below.

There’s a difference between working your hard earned money, and making your hard earned money work for you. Which one of these would you rather do? If your answer is the latter, you can start trading Bitcoin and other cryptocurrencies automatically with Bitcoin profit straight away!

FAQs

No. Celebrities and self-made millionaires recommend trading with Bitcoin and investing in other assets.

Can I Withdraw Bitcoin from my Bitcoin Profit account?

No. The reason for that is because Bitcoin Profit doesn’t have a crypto wallet inside its platform. Bitcoin Profit doesn’t require their users to ‘physically’ own the Bitcoins and other Cryptocurrencies to use the platform, as they handle money transactions according to their users’ native currency. The Bitcoin Profit software was made for users who have close to no experience in trading. This also doesn’t mean that the more experienced users should not use Bitcoin Profit. The platform was built for everyone.

I've seen other products that look just like Bitcoin Profit. Were they all made by the same person?

After 2017, many companies started investing in automatic trading softwares and solutions. The reason why there’s many platforms similar to Bitcoin Profit out there is because of the popularity of the term Bitcoin. This doesn’t mean that there aren’t scams out there. You should always investigate and inform yourself before committing any money to a Bitcoin Robot or trading tool.

What is Bitcoin?

Bitcoin is a digital currency created in 2009 by Satoshi Nakamoto. Bitcoin relies on its own distributed ledger called blockchain to make peer to peer transactions between their users. The complexity of Bitcoin’s blockchain allows the transactions to be recorded on the distributed ledger and prevents hacking or duplicate transactions. Bitcoins use the mining method to verify the codes in the transactions, and rewards their miners for every block discovered in the blockchain. Bitcoin doesn’t rely on any financial institution to validate trades, making it a decentralised currency.

Do I need to have experience with Bitcoin to use Bitcoin Profit?

No. Bitcoin Profit is a software that does not rely on the user’s knowledge to operate. Although it is recommended to inform and educate yourself about the crypto universe, it’s not mandatory to know about Bitcoin and Cryptocurrencies. Bitcoin Profit performs all the trades automatically for their users. All that is required is to provide the initial investment and make a deposit with the broker. Once that has been done, the users can start the software and just monitor the open and closed trades.

Yes This robot is legit and I have used Bitcoin Profit many times to make a profit large enough that you can’t expect, but I want to know that is there any other robot that is legit and I can get my hands on?

Hello Bonger, we are very happy to hear that you are doing so well on Bitcoin Profit. As for your question, yes, there are a number of other legit and highly secure robots that would be very beneficial for you. Check out our reviews on Cryptosoft and Bitcoin Trader where we have shared the results of our tests as well as guides to use common functions in the platforms.

Hello Paran, the recommended minimum amount varies based on the experience you have in cryptocurrency trading. If you are a seasoned trader, you can go with a bigger investment but if you are a newcomer in the field, we highly recommend people to invest no more than $250.

I have been doing a lot of research into bitcoin and Bitcoin Profit. The first problem I have so far is establishing which Bitcoin Profit is legitimate. So far I have come across 3 – 4 websites, all with different web addresses, all look exactly the same, all claiming they are the genuine article. Every review article appears to point to a different Bitcoin Profit website. None of the have any contact details on the or a contact telephone. If they are legit, where can I contact them? Want to talk to the first. If it is as good as you say it is just need the truth, if it is real? Which web address is real please? Thanks.

Hello Zak, crypto robots are not always accurate. So, you will incur some minor losses but with an impressive accuracy of 90%, Bitcoin Profit will earn you great profits and you will experience very small and infrequent losses. If you are a relatively inexperienced trader, we would highly recommend you to start with $250 and learn to trade first.

I cannot find the real Bitcoin Profit website, I don’t know how to reach the team or to check if the site is real or fake? There are 3 to 4 websites with different address and I don’t know which ones real.

Hello Sarah247, many scammers use the name of Bitcoin profit to leverage the crypto robot’s success. We understand that this is a problem for you and we would recommend you to only use the links we have used in multiple locations in this article. All of those links will redirect you to the official website of Bitcoin Profit.

I started trading on Bitcoin loophole with $300 and now I have over $2000. I started low, traded low and made little profit but it was worth it, among all my trades about 70% gave good yield. The Bitcoin Profit is very legitimate so you do not have to worry about it, you just have to follow the advice given by the website and let the robot do its thing.
Thank you for bringing this information to the public. What is the best cryptocurrency to trade on Bitcoin loophole without much thought?

Hello Rabi, we are so happy to hear that you are doing great on Bitcoin Profit. In our experience, Bitcoin and Ethereum are the best cryptocurrencies to trade on this platform. You could also try trading Litecoin and Ripple and see how it goes.

Hello potz, you can maximize your gains by increasing the initial investment that you started trading on in the beginning. We would recommend you to increase your investment only if you think you have gained enough experience in the field.

Hello Potz, there is an in-depth tutorial regarding how to create an account and start trading on Bitcoin Profit on this page. Please take a look at the tutorial again to learn how to set up your bot. There are also videos online that will help you to get started.

Hello Ummran, the sped of making trades depends on you. The robot will assist you in identifying potentially profitable and trades and then it’s your decision to go through with those deals or not. As for your other question, yes, you can easily make thousands of dollars in a year by investing in Bitcoin Profit.

Hello Wyatt, each robot has its own settings panel and these preferences are usually unique for every investor. This is why we don’t give a single batch of preferences as the most profitable one. However, Bitcoin Profit has a very friendly and helpful customer support team which also actively helps users in setting up the preferences of their accounts.

Hello Klingra, we are happy to hear that you are doing well on Bitcoin Profit. Yes, there are other legit and secure robots that you can invest in without any worries. Check out our detailed guide
on the topic.

Hello Salom, these applications use predictive algorithms to predict the future performance of a cryptocurrency and let you know if a potentially profitable opportunity shows up. If the algorithm is very accurate, the trades you make will yield profits. These are the same algorithms that industry experts use to analyze and predict the future performance of a cryptocurrency.

Hello Lozjra, we understand that you are confused and would recommend you to start with a minimum investment to help you gain more confidence in the software. We can assure you that the robot will be worth your time and money.

I made a sum of $2,000 dollars on my first day trade and it has been quite profitable since then and I am building my horizons in the bitcoin software platform now. However I still have some things i need to know.

Is it possible to reach a limit for trading with this software? Can you recommend the best cryptocurrency to trade with the bitcoin profit?

Hello Miller, there are no restrictions on how big you can invest or how much you can trade. However, we advise you to invest slowly and learn to use the software first. After gaining knowledge about the system, you can invest bigger for larger profits. Bitcoin Profit trades only in pairs of Bitcoin and Ethereum.

With any robot, you will be able to pay a minimum amount of $250 and it is advisable to start just with that. You should understand that way the software work before you go in to take bigger risk. I’ve tried a few robots and had ok results but not amazing. I’ve heard so much about bitcoin profit that I’m really curious. Is the technology behind the bitcoin profit app secure one? How much can I realistically make in a week of using the software?

Hello Victoria, Bitcoin Profit bot is totally legit and the technology used in this cryptocurrency robot is completely secure and accurate. How much you will earn on this robot is dependent on the investment you make and the market’s performance at that time.

I really really dont want to lose my money again. please can you honestly advise me? Is it legit? Is the bitcoin profit good for trading ethereum? I am pretty sure that it is not a scam but I need to know for sure. Thanks a lot. Christopher

Hello Christopher, we understand that the name of this robot suggests that it only excels in Bitcoin trading, but that is not the case. We have tried trading Ethereum with Bitcoin Profit and enjoyed a good profit on the investment.

I started trading bitcoin in the past year and I was amazed how my life turned around, I started with $150 and I made about $500 after just five months in the business. Bitcoin Profit seems legit and it looks like a lot of people are using the app to make money with it daily.
Can you confirm the technology behind this robot secure and effective? Thanks again for this, I am in love with your site.

Hello Fliong, if you are starting for the first time, we would recommend you to go with $250. Bitcoin Profit has a sound and detailed withdrawal policy which makes sure that your money reaches you whenever you want, however much you want.